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Cisco Completes Acquisition of ClearAccess

May 1, 2012

Cisco Completes Acquisition of ClearAccess.

 

Cisco Completes Acquisition of ClearAccess

SAN JOSE, Calif. – May 1, 2012 – Cisco today announced the completion of  the acquisition of privately held ClearAccess, a Vancouver, Wash. based company that provides TR-069 standards-based software to service providers for the provisioning and management of residential and mobile devices. This acquisition includes ClearAccess’ software business and talent. Cisco and ClearAccess’ combined network management and software capabilities will enable service providers to better deliver, manage and monetize their services, while helping to improve operational efficiencies and customer experiences.

The ClearAccess team will be integrated into the Cisco Network Management Technology Group. Specific financial terms of the transaction are undisclosed.

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Information about Cisco can be found at http://www.cisco.com. For ongoing news, please go to http://newsroom.cisco.com.

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